ETFs See Sept. Tsunami Of New Assets

Fresh record highs in the U.S. stock market helped ETFs gather their second-largest monthly inflow of the year in September. On net, $36.7 billion of new money entered U.S.-listed ETFs during the month, the biggest amount since January’s $68.1 billion haul, according to the latest data from FactSet.

Year-to-date inflows now stand at $208.8 billion.

As has been the case recently, U.S. equity ETFs took in the bulk of investors’ dollars during September. That segment had net inflows of $28.6 billion, dwarfing the $338 million that went into international equity ETFs.

The S&P 500 reached a record 2,941 during the month thanks to an accelerating U.S. economy, strong corporate profits and a trade agreement between the U.S., Mexico and Canada.

After U.S. equities, the segment to see the largest inflows was U.S. fixed-income ETFs. They pulled in $5.4 billion during the month even as the Federal Reserve hiked rates again, and yields on 10- and 30-year Treasuries leapt close to their highest levels of the year.

Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.